Deutsche Telekom CEO is still drinking the Kool-Aid
So this morning, Deutsche Telekom reported quarterly earnings. And DT CEO Rene Obermann toed the party line when it came to the prospects for AT&T completing its planned takeover of T-Mobile.
Obermann said, "We remain convinced that we will be able to keep to our timetable for the transaction and that we, together with our partner AT&T, will ultimately receive approval for the transaction—after all, the sale is positive for the U.S. mobile communications market and consumers."
Okay.
Except AT&T already filed documents at the Securities and Exchange Commission pushing back the expected close of the transaction.
Maybe AT&T's lawyers didn't tell Obermann. He does seem to trust them a bit too much -- maybe he should listen to his CTO instead. Even though the DT PR shop doesn't trust him that much these days on anything related to AT&T any time soon.
